There are many Nevada Credit Counseling Companies with different services and fee structures of not-for-profit and for-profit credit and debt counseling.

Nevada Credit counseling firms will study the terms dictated by the creditors and explore ways to reduce payments and interest rates to consumers in a debt management plan.

Before entering into a contract agreement with a credit counseling service company, you should shop around and compare services offered by each financial institution and make an educated decision on which one could fit your needs and budget. Also, check with the Better Business Bureau before signing any contract with a CCCS company.

LEGITIMATE CREDIT & DEBT COUNSELORS CAN OFFER:

Consumer education about how to avoid incurring debts

Planned method of debt relief

Consolidation of multiple payments into one lower monthly payment

Debt Reduction of 10-50%

A chance to be debt free in periods of 3 to 6 years

Help to bring delinquent accounts current

A fresh start and a way to begin building a positive credit history

To minimize the impact of the negative marks on your credit scores

Help to correctly fill out forms to apply for debt restructuring arrangements or bankruptcy

Mediation between creditor and debtor

A Debt Management Plan

Ways to regain control over their financial situation

Smart negotiation with creditors to repay debt by working out a repayment plan

Reduced fees and interest rates

Fees and interest reduction

The new bankruptcy law of 2005 requires that consumers to go through credit counseling before filing for bankruptcy.

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